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Real estate in Nghe An capital: Urban transformation, rising market

Infrastructure is developing synchronously, urbanization is taking place rapidly, land fund in the center of Vinh City (old) - the capital of Nghe An is increasingly scarce. In new wards such as Vinh Phu and Vinh Loc, real estate meeting the needs of living and business is being especially interested and sought after.

Việt NamViệt Nam20/07/2025

Market “heats up” due to soaring demand for high-quality housing

In recent years, Vinh City (old) - the capital of Nghe An province has continuously promoted infrastructure investment to complete the appearance of a modern urban area. In 2024 alone, the locality has implemented 135 infrastructure projects, of which 62 projects have been completed and 79 projects have been newly started. The entire internal traffic system has been concreted or paved, the drainage system and technical ditches are also basically complete, creating a solid foundation for the development of new urban areas.

According to statistics, the urbanization rate in Nghe An in 2022 is only about 15.8%, but it is expected to increase to 40-45% by 2030. The rapid urbanization process is leading to a wave of population migration from rural areas to the center of Vinh City, increasing the demand for housing. Meanwhile, the supply of local real estate, especially high-end real estate, has not kept up with the population growth rate.

According to current reality, land prices in this area have established a new level. According to Decision 18/2025/QD-UBND effective from May 2025, many central roads such as Quang Trung and Truong Thi have recorded real estate prices of up to 150 - 165 million VND/m².

Notably, the land price along Lenin Avenue - the city's main traffic artery - also skyrocketed to about 100 million VND/m2, 4 times higher than the previous period, clearly reflecting the heat of the urban real estate market.

image-20250717173250-4 Lenin Avenue connecting Vinh airport to Ho Chi Minh Square, passing through Vinh Phu - Vinh Loc wards is recording a high increase in real estate prices.

After the administrative reorganization, areas such as Vinh Phu and Vinh Loc wards recorded a clear increase in land prices thanks to the advantage of direct connection to important traffic axes such as Lenin Avenue, Pham Dinh Toai, Chu Trac and Ly Tu Trong.

These are not only arterial roads but also gather many new projects, shaping the future urban development centers. This place is gradually affirming its position as a "golden land" - attracting both real buyers and investors looking for sustainable profit potential.

Eurowindow Central Avenue – a new mark on the urban development axis near Lenin Avenue

Seizing that potential, Eurowindow Holding continues to introduce to the market the new urban project Eurowindow Central Avenue after starting construction of the Eurowindow Sport Garden urban area at the end of June.

Located in Vinh Phu and Vinh Loc wards, Eurowindow Central Avenue owns a prime location right next to Lenin Avenue, connecting the center to crowded residential areas. The project is adjacent to major roads, close to schools, hospitals, central squares and administrative agencies, not only convenient for residents but also for business and commercial activities.

image-20250717173250-5 Eurowindow Central Avenue owns a prime location right next to the main road Lenin Avenue.
The highlight of the project is the well-planned internal utility system: outdoor swimming pool, sports field, children's playground, community house, kindergarten and parking lot...
image-20250717173250-6

Overall perspective of Eurowindow Central Avenue project

In terms of architecture, the project develops villas and shophouses in neoclassical style, with wide facade design, optimizing usage.

The apartments are arranged with elevator waiting areas, the drying yard system is designed with a weather-sensing glass roof, using energy-saving materials such as Eurowindow doors that open and close in multiple directions, the investor installs solar-powered lights for the wall lights and garden lights in all villas and shophouses. The natural ventilation system is intelligently integrated, helping to circulate air continuously, bringing a fresh, pleasant atmosphere every day...

Designed and built according to Eurowindow Central Avenue “green building” standards, aiming for sustainable and environmentally friendly development, bringing a classy quality of life to residents.

Not only meeting the needs of quality housing for city residents, Eurowindow Central Avenue also opens up long-term profitable investment opportunities thanks to its prime location in the urban center, clear potential for price increases and commercial development orientation to anticipate urbanization trends.

Implemented systematically by Eurowindow Holding - a prestigious brand in the field of real estate and construction materials, the project quickly became the priority choice of strategic investors in the North Central region. Not stopping there, Eurowindow Central Avenue is also expected to create a new standard of living and shape a bustling commercial - trading center, contributing to changing the face of the area in the near future.

Source: https://eurowindow-holding.com/bat-dong-san-thu-phu-nghe-an-do-thi-chuyen-minh-thi-truong-troi-day


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